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SpaceX (SPACEX) Debuts at $150, Closes Market Cap at $2.1 Trillion

Published on · Source: cnbc.com

SpaceX (SPACEX) Debuts at $150, Closes Market Cap at $2.1 Trillion

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Summarized by AI from the source below

SpaceX (SPACEX) debuted on the Nasdaq with an opening price of $150 per share on Friday, surging to a high of $176. The company's market cap reached $2.1 trillion at the close of the session. CNBC's Jim Cramer indicated that SpaceX is a long-term investment opportunity, emphasizing the potential for future growth in space exploration. While concerns were raised regarding its current financial performance, investor interest appears focused on long-term strategic projects rather than immediate results.

Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.

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